Vonage Holdings Corp. Quarterly Earnings on Deck

Vonage Holdings Corp. (NASDAQ:VG) will unveil its latest earnings on Wednesday, August 3, 2011. The Company is a provider of broadband Voice over Internet Protocol telephone services to residential and small office and home office customers.

Vonage Holdings Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 7 cents per share, a rise of 16.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 8 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 7 cents during the last month. For the year, analysts are projecting net income of 34 cents per share, a rise of 61.9% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 9 cents per share against a mean estimate of net income of 8 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $220.6 million in revenue this quarter, a decline of 2.1% from the year ago quarter. Analysts are forecasting total revenue of $895.5 million for the year, a rise of 1.2% from last year’s revenue of $885 million.

Analyst Ratings: The limited number of analysts covering the stock seem bullish with two analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

Key Stats:

Vonage Holdings’ profit in the latest quarter follows losses in the three previous quarters. The company reported a profit of $21.1 million in the first quarter, a loss of $41.7 million in the fourth quarter of the last fiscal year, a loss of $55.4 million in the third of the last fiscal year and a loss of $562,000 in the second quarter of the last fiscal year.

Revenue has fallen for the past three quarters. In first quarter, revenue declined 3.6% to $219.8 million while the figure fell 2.6% in fourth quarter of the last fiscal year from the year earlier and 3.3% in the third quarter of the last fiscal year.

Competitors to Watch: IDT Corporation (NYSE:IDT), Microsoft (NASDAQ:MSFT), Sprint (NYSE:S), 8×8, Inc. (NASDAQ:EGHT), Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), CenturyLink, Inc. (NYSE:CTL), Consolidated Communications Hldgs. Inc (NASDAQ:CNSL), Warwick Valley Telephone Co. (NASDAQ:WWVY), Cbeyond, Inc. (NASDAQ:CBEY), and BCE Inc. (NYSE:BCE).

Stock Price Performance: During May 3, 2011 to August 2, 2011, the stock price had fallen $1.50 (-29%) from $5.21 to $3.71. The stock price saw one of its best stretches over the last year between March 24, 2011 and April 5, 2011 when shares rose for nine-straight days, rising 14.8% (+61 cents) over that span. It saw one of its worst periods between November 23, 2010 and December 2, 2010 when shares fell for seven-straight days, falling 9.1% (-23 cents) over that span. Shares are up $1.47 (+65.62%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>